Commodities

By Andrea Shalal LARGO, Maryland (Reuters) – President Joe Biden vowed on Thursday to get U.S. gasoline prices down, one day after a report showed consumer inflation surged by the most in 14 months due to higher energy costs. KEY QUOTE “I’m going to get those gas prices down again,…

Investing.com — Oil prices rose Monday, continuing to rally on the prospect of a tighter market, at the start of a week that includes several key central bank meetings. By 09:30 ET (13.30 GMT), the futures traded 1.1% higher at $91.03 a barrel, while the contract climbed 0.9% to $94.75.…

Investing.com– Gold prices rose on Monday as markets bet that the Federal Reserve will keep interest rates on hold this week, while growing fears of a U.S. government shutdown spurred some safe haven demand. The yellow metal saw some gains in recent sessions as strong inflation and economic activity data…

By Isla Binnie NEW YORK (Reuters) – California Governor Gavin Newsom said on Sunday he would sign legislation that would require large companies to disclose their carbon footprints, potentially putting the state ahead of federal regulators on managing corporate climate risks. The State senate approved the bill mandating greenhouse gas…

By Natalie Grover LONDON (Reuters) -Global oil benchmark hovered above $94 a barrel on Monday, with investors focused on the prospect of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended supply cuts. Brent crude futures rose 52 cents to $94.45 a barrel by 1039…

Russian energy corporation Gazprom (MCX:) has successfully delivered a shipment of its own-produced liquefied (LNG) to China via the Northern Sea (NYSE:) Route, marking a first in the company’s history. The LNG was produced at the company’s complex near the Portovaya compressor station and was transported on the gas tanker…

The price of oil futures has been steadily climbing, recently exceeding $90 a barrel due to concerns about limited supplies in the market. West Texas Intermediate (WTI) on the New York Mercantile Exchange closed Thursday’s trading session at $90.16 per barrel, its highest closing rate since November 7, according to…

Investing.com – rose on the week, spurred by higher power burns in the United States for this time of year as late-night warmth especially prodded Americans to crank up the cooling at home despite fall weather being just about a week away. But the market’s nexus with mid-$2 pricing seemed…

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